Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Iran - 2022
Contents:
- Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Iran (CIF) - 2022
- Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Iran (FOB) - 2022
- Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Iran
- Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Iran
Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Iran (CIF) - 2022
In 2022, the average import price for alloy steel flat-rolled products, of a width of less than 600mms amounted to $1,532 per ton, with an increase of 7.1% against the previous year. Overall, the import price, however, recorded a perceptible setback. The pace of growth appeared the most rapid in 2016 an increase of 18%. The import price peaked at $2,153 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($2,134 per ton), while the price for South Korea ($1,398 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-0.3%), while the prices for the other major suppliers experienced a decline.
Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Iran (FOB) - 2022
The average export price for alloy steel flat-rolled products, of a width of less than 600mms stood at $889 per ton in 2022, with an increase of 16% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2017 an increase of 53% against the previous year. The export price peaked at $1,732 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iraq ($936 per ton), while the average price for exports to India ($250 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+11.4%), while the prices for the other major destinations experienced a decline.
Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Iran
For the fourth consecutive year, Iran recorded growth in supplies from abroad of alloy steel flat-rolled products, of a width of less than 600mms, which increased by 15% to 5.2K tons in 2022. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 96% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, imports of alloy steel flat-rolled products, of a width of less than 600mms surged to $8M in 2022. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 100% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.6 | 1.6 | 3.8 | 7.1 | 64.3% |
| Turkey | 1.1 | 0.8 | 1.5 | 0.3 | -35.2% |
| India | 0.3 | 0.2 | 0.1 | N/A | -42.3% |
| Italy | 0.2 | 0.4 | 0.6 | N/A | 73.2% |
| Others | 0.5 | 0.3 | 0.5 | 0.5 | 0.0% |
| Total | 3.8 | 3.2 | 6.4 | 8.0 | 28.2% |
Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm to Iran in 2022:
- China (4.7K tons)
- Turkey (0.1K tons)
Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Iran
In 2022, exports of alloy steel flat-rolled products, of a width of less than 600mms from Iran shrank slightly to 24 tons, waning by -4.4% against 2021 figures. Overall, exports continue to indicate a perceptible slump. The smallest decline of -2.2% was in 2020.
In value terms, exports of alloy steel flat-rolled products, of a width of less than 600mms expanded significantly to $21K in 2022. The total export value increased at an average annual rate of +7.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 16.5 | 17.3 | 17.8 | 19.9 | 6.4% |
| India | 0.4 | 0.4 | 0.5 | 0.4 | 0.0% |
| Others | 0.4 | 0.4 | 0.8 | 1.0 | 35.7% |
| Total | 17.2 | 18.1 | 19.1 | 21.2 | 7.2% |
Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm from Iran in 2022:
- Pakistan (21.6 tons)
- India (1.5 tons)
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